Karachi: ICC Industries Limited has announced a forthcoming Board of Directors meeting set for October 29, 2024, at Lahore. The primary agenda for this meeting will be to review and potentially declare entitlements based on the company's performance for the quarter ending September 30, 2024.

The Lahore-based textile company has also declared a Closed Period from October 22 to October 29, 2024, adhering to Pakistan Stock Exchange regulations. During this time, company directors, the CEO, and other executive members are prohibited from buying or selling company shares. According to information available from the Pakistan Stock Exchange (PSX), this measure is intended to prevent insider trading around the release of significant financial information.

Shareholders and investors are advised that the outcomes of this meeting could influence market movements, particularly regarding ICC's stock. The company has requested that TRE Certificate Holders of the exchange be informed accordingly about the closed period and the upcoming board deliberations.

This corporate governance approach reflects ICC Industries' commitment to transparency and compliance with market regulations, ensuring that all stakeholders are appropriately informed.